2022
Exports
$6.25MWorld Rnk 28 / 153
Flag Rnk 782 / 1211
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$3.14MWorld Rnk 65 / 180
Flag Rnk 1002 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $6.25M in Laboratory Reagents, making it the 28th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 782nd most exported product in Thailand. The main destination of Laboratory Reagents exports from Thailand are: Lesotho ($1.78M), Zimbabwe ($1.73M), Chinese Taipei ($908k), Philippines ($750k), and Ukraine ($228k).

The fastest growing export markets for Laboratory Reagents of Thailand between 2021 and 2022 were Lesotho ($1.39M), Zimbabwe ($1.03M), and Philippines ($353k).

Imports In 2022, Thailand imported $3.14M in Laboratory Reagents, becoming the 65th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 1002nd most imported product in Thailand. Thailand imports Laboratory Reagents primarily from: Chinese Taipei ($3.14M), Angola ($1.04k), Brunei ($73), and Timor-Leste ($11).

The fastest growing import markets in Laboratory Reagents for Thailand between 2021 and 2022 were Angola ($1.04k), Brunei ($73), and Timor-Leste ($11).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Laboratory Reagents. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.25M
IMPORTS (2022)$3.14M
NET TRADE (2022)$3.12M

In 2022, Thailand exported $6.25M in Laboratory Reagents. The main destinations of Thailand exports on Laboratory Reagents were Lesotho ($1.78M), Zimbabwe ($1.73M), Chinese Taipei ($908k), Philippines ($750k), and Ukraine ($228k).

In 2022, Thailand imported $3.14M in Laboratory Reagents, mainly from Chinese Taipei ($3.14M), Angola ($1.04k), Brunei ($73), and Timor-Leste ($11).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Lesotho$1.39M (360%)
Zimbabwe$1.03M (146%)
Philippines$353k (88.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Thailand WERE (2021 - 2022):
China-$17.2M (-100%)
Cambodia-$6.62M (-100%)
Uganda-$3.63M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Laboratory Reagents were:
In 2022, Thailand's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.2M
TOP IMPORT POTENTIALChina+ $39.8M

Laboratory Reagents’s highest export potential is China. With an export gap of $15.2M.   Laboratory Reagents’s highest import potential is China with an import gap of $39.8M.

See methodology.

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